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First Trust Managed Municipal ETF

306 hedge funds and large institutions have $1.5B invested in First Trust Managed Municipal ETF in 2025 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 107 increasing their positions, 117 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

142% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 19

9% more funds holding

Funds holding: 281306 (+25)

2.15% more ownership

Funds ownership: 75.34%77.49% (+2.2%)

5% more capital invested

Capital invested by funds: $1.43B → $1.5B (+$69.4M)

9% less repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 117

Holders
306
Holders Change
+25
Holders Change %
+8.9%
% of All Funds
3.72%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.04%
New
46
Increased
107
Reduced
117
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
201
Belpointe Asset Management
Nevada
$460K +$25.1K +491 +6%
ZIM
202
Zacks Investment Management
Illinois
$456K +$456K +8,915 New
FFA
203
Fragasso Financial Advisors
Pennsylvania
$455K
IPW
204
Impact Partnership Wealth
Georgia
$454K -$19.8K -387 -4%
FEG
205
Financial Enhancement Group
Indiana
$451K
GIA
206
Gladstone Institutional Advisory
Florida
$442K +$664 +13 +0.2%
SA
207
Sovran Advisors
California
$440K -$10.6K -207 -2%
CAG
208
Csenge Advisory Group
Florida
$435K -$122K -2,386 -22%
HWA
209
HCR Wealth Advisors
California
$427K
AWM
210
AE Wealth Management
Kansas
$421K -$27.8K -543 -6%
ARG
211
Advisory Resource Group
Oklahoma
$421K -$62.3K -1,218 -13%
TA
212
TrueWealth Advisors
Alabama
$420K +$95.3K +1,864 +29%
PFA
213
Pure Financial Advisors
California
$420K
AA
214
Armis Advisers
Georgia
$417K +$419K +8,201 New
BCM
215
Brookstone Capital Management
Illinois
$416K +$415K +8,127 New
WIA
216
World Investment Advisors
California
$415K -$14.7K -287 -3%
MW
217
Maia Wealth
Colorado
$411K +$7.36K +144 +2%
CPC
218
Cadia Private Client
New Jersey
$410K +$409K +8,009 New
IAS
219
Integrity Advisory Solutions
Texas
$403K +$25.4K +497 +7%
PFGIA
220
Patriot Financial Group Insurance Agency
Massachusetts
$398K
TCM
221
Triumph Capital Management
Colorado
$392K +$141K +2,750 +56%
OAJ
222
Ogorek Anthony Joseph
New York
$391K -$1.15M -22,523 -75%
SWP
223
ShoreHaven Wealth Partners
New Jersey
$388K +$17.5K +342 +5%
RI
224
Ruggiero Investments
Florida
$385K +$385K +7,534 New
AI
225
Auour Investments
Massachusetts
$371K +$51.4K +1,005 +16%